Orsu Metals Corporation

Orsu Metals explores Sergeevskoe gold project since 2017. The license area starts some 300 m west from the suspended open pit of the Klyuchevskoe gold deposit and 9 km east from the open pit of the Alexandrovskoe gold deposit. In 2017-18, the company drilled some 18,000 m and trenched 6,500 m. In 2020, Orsu published an updated NI 43-101-compliant Inferred mineral resource estimate of 30.42 million tonnes, grading 1.45 g/t gold and containing 1.42 Moz gold, a 19.3% increase to 2019 estimate. In 2020, Orsu conducted pilot mining producing some 150 kg of gold. The ongoing exploration programme aims to expand the mineralized envelope.